US ETFs Surge In July, Accounting for 90 Percent of Industry Growth

Exchange traded funds (ETFs) surged in July turning this into a year of record growth, and the US accounted for nearly 90 percent of the growth, according to Stifel analyst Jeffrey Hopson. The increased interest in alternatives has been a boon for asset managers who already know their way around the ETF space, and this trend has been marked by even greater diversification at the sub-category level.

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